Mortgage Calculator
Purchase Price: $
Taxes: $
Annual
Property Tax Amount
Interest Rate: %
Condo Fees: $
Monthly
Amount (if applicable)
Amortization:
10 Years
15 Years
20 Years
25 Years
30 Years (Min 20% Down)
Percent Down:
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Down Payment:
$
$
$
Remaining Mortgage:
$
$
$
CMHC / GE Premium:
$
$
$
Total Financing:
$
$
$
Monthly Mortgage Payment:
$
$
$
Taxes / Fees:
$
$
$
Total Payment:
$
$
$
Income Required:
$
$
$
Qualifying rate 5.25%
- Borrowers must qualify at the higher of the qualifying rate or your lenders mortgage rate plus 2%
Use the qualifying rate to calculate your income required
and your lenders rate to calculate the actual carrying cost
Do you have 20% or more as a down payment?
- 30 year amortizations are available
Current Bank Of Canada Qualifying Rate
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